The financial wealth of Hungarian households grew by 13.9% in 2024, which is the fastest pace since the 2008 global financial crisis, according to Allianz's latest Global Wealth Report, as quoted by the economic portal penzcentrum.hu. According to Allianz's latest report, global household financial wealth grew by 8.7% in 2024, exceeding the 8.0% rate in […]
According to the Provident Barometer, a recent representative survey commissioned by Provident, the working-age population between 18 and 35 years of age are regular savers, while the proportion of people in debt is highest among middle-aged people (36-50), and a significant proportion of those over 50 are barely making ends meet. Significant savings are the […]
More and more people in Hungary have some money left over from their income at the end of the month, and fewer and fewer are forced to borrow from family, friends, relatives, financial institutions and financial service providers, according to a representative survey of 4,500 people commissioned by Provident Financial Ltd. However, recent data show […]
A quarter of Hungarians have no money left at the end of the month, and a quarter of the population are unable to save throughout the year. The financial situation of the Hungarian population has deteriorated slightly over the past year, according to a representative survey of 500 people by age, gender and region conducted […]
According to a survey conducted by K&H Group in the first quarter of this year, 49% of young people aged 19-29 in Hungary had financial reserves, compared to 56-60% in previous quarters. Results of the K&H Youth Index, which examines the financial situation of young people, suggests that nearly 38% of young people with savings […]
More than a third of Hungarian adults have only enough savings for one month, according to research by K&H Bank. According to the survey, Hungarian adults aged between 30 and 59 have an average of seven months' worth of savings, but there is a wide variation. 36% of respondents said they could only cover one […]
